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Decentralized Democracy

House Hansard - 105

44th Parl. 1st Sess.
September 29, 2022 10:00AM
  • Sep/29/22 4:43:46 p.m.
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Madam Speaker, I thank my colleague for her speech. I want to make sure I understood something. The motivation behind this debate—
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  • Sep/29/22 4:44:06 p.m.
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Madam Speaker, there is something I want to be sure I understand. The argument being bandied about is that the carbon tax is going to triple. The carbon tax will not be tripled right away. It will take around a decade for that to happen. My crystal ball is not showing me with any certainty what the inflation rate will be at that time. I want to understand. What is the urgency in all this?
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  • Sep/29/22 5:04:20 p.m.
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Madam Speaker, I thank my colleague for his intervention and for his speech. Since he taught economics at two CEGEPs, I would like to ask him something. We are familiar with the incendiary declarations that the Leader of the Opposition made regarding the central bank, before he became leader of his party. We know that the central bank is often a target. In the 20th century, however, John Maynard Keynes started talking about the importance of these banks. He also suggested that inflation was not primarily a monetary phenomenon. If I were to ask my dear colleague and friend to give our Conservative Party colleagues a quick economics lesson on central banks, what would he say, in a nutshell?
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  • Sep/29/22 5:12:23 p.m.
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Madam Speaker, I still think there are better solutions. I would like to know what my colleague thinks about this. Right now, we know that rising prices are often driven by a lack of competition. We also know that the Competition Act encourages company mergers, which means more monopolies. Does my colleague agree that the act should be amended? Should the Investment Canada Act also be amended to counter the trend of foreign takeovers of our head offices?
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